secwatch.observer — SEC 8-K summary
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Issuer:     Ascent Solar Technologies, Inc. (ASTI)
CIK:        0001350102
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001079973-24-001281
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.01, 5.03, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ascent Solar effects 1-for-100 reverse stock split to regain Nasdaq compliance
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- Reverse split at 1:100 ratio effective 5:00 pm ET Aug. 14, 2024; trading on split-adjusted basis Aug. 15.
- Outstanding shares reduced from 102.3M to ~1.023M; authorized shares unchanged at 500M.
- Split intended to raise bid price above $1.00 minimum to meet Nasdaq continued listing standard.
- Fractional shares rounded up to one whole share; no fractional shares issued.
- CUSIP changed to 043635804; warrants, options, and RSUs adjusted proportionally.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350102/000107997324001281/0001079973-24-001281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350102/000107997324001281/asti_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-24-001281

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer